Computer Equipment Leasing

Written by Steve Thompson

Most businesses today can't function without computers, a primary reason why the computer equipment leasing industry has grown so quickly. Rather than buying monitors, printers, fax machines, scanners and other essential computer equipment, you can lease those machines for a fraction of the cost and return them when you're finished using them.

What is computer equipment leasing?
Most of these leasing companies are either affiliated directly with the manufacturers, or are linked to a manufacturer through a contract. They receive bulk discounts on computers and other electronic equipment, and then lease them out to business owners for a fee. Sometimes, they give lessees the option of buying the equipment at the end of the lease, while others are strictly rent-and-return operations.

If you run a start-up company or a small business with a limited budget, here are some reasons why you might want to pursue a lease agreement for your business computer equipment.

Special events
Demonstrations, trade shows, seminars, multimedia presentations, and meetings with clients are all special events that might require more computer equipment than you have in your office. In these situations, you only need the computers for a set amount of time, and leasing may be your best option.

Easier financing
Perhaps you'll need computers, printers, and other equipment for the foreseeable future, but you don't want to commit thousands of dollars out of pocket right away. Financing through a credit card or business loan can carry high interest rates, and if you already have substantial debt, you might not be able to secure reasonable financing terms. With computer leasing, you can continue to rent until you have enough available capital to purchase.

Software leasing
One of the major hurdles that businesses encounter with new or start-up ventures is the need for software. Whether it's to ring up sales, manage your accounting department, or keep track of your inventory, business licenses for software are almost always expensive, and that doesn't account for extras like installation and training. Leasing that software, on the other hand, often includes the extras at no additional cost, and you won't have to pay for the whole bundle at once.

Computer equipment leasing isn't right for every business, but it can be helpful if you're not in a position to buy right away. Best of all, you won't have to worry about your equipment becoming obsolete in just a couple of years because you can always upgrade through the leasing company.

To get started with a lease agreement for your office computers, submit a free BuyerZone request for Equipment Leasing quotes. We'll match you up with as many as six suppliers to review your needs and present you with your customized price quotes.